Northwire Canada EditionWednesday, November 11, 2026
Northwire
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Stallion Uranium Announces Completion of Ground Gravity Extension Survey over Coyote Corridor

Stallion Refines High-Priority Coyote Targets as Winter Drilling Commences in the Athabasca Basin

Executive Summary

The most recent news (February 24, 2026) announces the completion of a ground gravity extension survey over the Coyote Corridor within the Southwestern Athabasca Basin Joint Venture. The survey identified a significant gravity low anomaly that management claims mirrors the geophysical signatures of NexGen Energy’s world-class Arrow Deposit. This follows the February 12, 2026, announcement that the company has commenced its Phase 1 winter drilling program at the Moonlite project, targeting the Coyote corridor with 4,000 meters across 8 holes.

Material Impact

The news is categorized as Routine - Positive. While the geophysical similarities to the Arrow Deposit are technically compelling, they remain pre-discovery indicators. The material impact is limited until drill bits confirm the presence of high-grade uranium mineralization. - Technical Validation: The gravity low anomaly, combined with previously identified strong electromagnetic (EM) conductors (>10 Siemens), provides a high-conviction target. - Operational Progress: Despite unseasonably warm weather delays in early 2026, the company successfully mobilized two rigs, showing operational resilience. - Historical Context: This is the first time the Coyote target has ever been drilled. Previous drilling at the Appaloosa target (2024) yielded anomalous radioactivity but not a discovery; the company is now applying those lessons to a new corridor.

STUD · Price
Company Overview

Stallion Uranium holds the largest contiguous land package in the Western Athabasca Basin (approx. 3,000 sq km), much of it in a Joint Venture with Atha Energy. Its flagship focus has shifted to the Coyote Target on the Moonlite property, characterized by a 1,000m depth potential and strong EM conductors. The company also holds the Coffer Project (Appaloosa target) and the Stone Island project.

Read the original news release →

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